EXPLAINED - Value of Reference
Patricia Rivas of My Lawyer in Spain explains the importance of a ‘Value of Reference’.
This new method was introduced into Spain on 1 January 2022.
We discuss:-
- Why is it important?
- What is it used for?
- Is it the catastral value?
- How can I find out my value of reference?
- And what happens if the value of reference is higher than the purchase price or value of inheritance?
Contact us to find out your property reference value.
Get in touch with My Lawyer in Spain
Telephone numbers: Calling from the UK: 0845 508 2395
Calling from Spain: 951 203 094 (International code for Spain +34)
Costa Blanca Office: 966 943 219 (International code for Spain +34)
Fax number: 951 203 095
Contact by email: enquiries@mylawyerinspain.com OR costablanca@mylawyerinspain.com (Costa Blanca Office)
Buenas tardes, soy española pero vivo en Inglaterra. Tengo propiedad en Madrid (donde vivo cuando vengo a España) y quisiera saber si necesito hacer Testamento tambien en España. Tengo testamento en Inglaterra q cubre mis bienes de alli.
Muchas gracias
Maria Jesus